1. COT is near sell zone 2. Price has reach supply zone 3. Price has crossed below MA line 4. Wheat is seasonally negative for the month of January, we have 2 more days before January ends.
1. COT is in extreme sell zone 2. Price has crossed below moving average 3. Price has reached an important supply zone. 4. Seasonality for Platinum is bullish for January and February therefore Traders may want to enter with half the position size.
1. Seasonality is bearish for soybean oil in January 2. COT is at bearish extreme 3. Upwards trendline is broken 4. High possibility of price breaking below MA
1. COT is at extreme bullish 2. Seasonality is bearish in January but TA shows bullishness therefore this trade can be skipped for cautious traders. Fundamentally if Crude related energy is bearish then Natural gas will become the alternative energy therefore may attract buyers due to its low price. 3. Downward trendline is broken 4. Price broke above moving...
Price has been staying in the upward channel for awhile. 1. Price stayed above MA line 2. Downwards trendline has been broken. 3. COT index for Dollar is bullish 4. Bullish economic data for the US for January We can expect another leg up to 100 until the sentiment changes. Long Dollar until upward trendline formed and is broken
Trendline is broken and double top is formed. Take it down to next support area. DXY is strong and BXY is weak
Double Doji to show the end of bearish strength and waiting for the bull rally to arrive.
Go into smaller timeframe to look for TP levels
1.Pinbar 2.Trendline 3.General Strength in all CAD pairs 5.Increase in COT dealers Shorts from -49K to -102K 6.High in USD COT Dealer shorts from -13K to -4K 7.General Downtrend 8.Weakness in OIL 9.Grade A
Support from volume to push towards POC
Structural support + Rejection candlestick showing prices moving off POC + Fibo 50 bouncing off to 0.618. Note: Trading from POC is less reliable
Shooting star near weekly resistance area. Short until reversal candle appears or until structural support